Savings Options and Investment Risks Quick Check
1 of 51 of 5 Items
Question
Which option describes a bank savings account?(1 point)
Responses
An account giving 0.05% interest with no other limitations
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
An investment in stocks.
9 answers
An account giving 0.05% interest with no other limitations
Which of the following is a certificate of deposit (CD)?(1 point)
Responses
An account paying 0.5% interest with no other limitations.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
An investment in stocks.
Responses
An account paying 0.5% interest with no other limitations.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
An investment in stocks.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
Which of the following is classified as a money market mutual fund?(1 point)
Responses
An account giving 0.5% interest with no other limitations.
An account giving 0.5% interest with no other limitations.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
An investment in stocks.
Responses
An account giving 0.5% interest with no other limitations.
An account giving 0.5% interest with no other limitations.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
An investment in stocks.
A “basket” of money pooled in by many investors to acquire securities based on the value of cash.
What does the abbreviation ROI stand for?(1 point)
Responses
ratio of investment
ratio of investment
return on internal loan
return on internal loan
return on investment
return on investment
ratio of organic investment
Responses
ratio of investment
ratio of investment
return on internal loan
return on internal loan
return on investment
return on investment
ratio of organic investment
return on investment
Which of the following is the safest investment?(1 point)
Responses
stocks
stocks
government bonds
government bonds
mutual funds
mutual funds
cryptocurrencies
Responses
stocks
stocks
government bonds
government bonds
mutual funds
mutual funds
cryptocurrencies
government bonds
1 answer